Americas > UPDATE – Washington’s APCR auction of 2024 sells one-third of permits at 41% premium despite looming programme repeal

UPDATE – Washington’s APCR auction of 2024 sells one-third of permits at 41% premium despite looming programme repeal

Published 21:52 on October 9, 2024  /  Last updated at 22:49 on October 9, 2024  / /  Americas, US

Washington’s Allowance Price Containment Reserve (APCR) sale for the year sold about a third of the permits offered at a premium of about 41.2% compared to the secondary market futures price despite potential for the programme being scrapped by voters at the November elections, results published Wednesday showed, with traders debating how many and why any bidders had participated in the sale.
Washington’s Allowance Price Containment Reserve (APCR) sale for the year sold about a third of the permits offered at a premium of about 41.2% compared to the secondary market futures price despite potential for the programme being scrapped by voters at the November elections, results published Wednesday showed, with traders debating how many and why any bidders had participated in the sale.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.